NEWSWORTHY

The combined fortune of the Walton family, who own a controlling stake in Wal-Mart, spiked $11 billion on Thursday as the retail giant reported strong earnings before the markets opened at 8:30AM Eastern Time and a 50% hike in online sales in the latest quarter. Shares of Wal-Mart rose 3% in the first three hours of trading as read »

Consumer confidence, jobs and wages are all high or rising. And a trade group sees near record back-to-school spending the next few months.

“Families are now in a state of mind where they feel a lot more confident about the economy,” National Retail Federation President Matthew Shay said in a report. He added that “consumers are spending read »

Jeff Bezos isn’t wasting any time figuring out how Amazon will integrate its biggest-ever acquisition, the $13.7 billion takeover of grocer Whole Foods. Ahead of the deal’s planned close on Monday, Amazon has laid price cuts for wares in Whole Foods stores nationwide and plans to integrate the grocer within its larger e-commerce read »

Sunday’s coverage of the Arnold Palmer Invitational on NBC produced a 3.6 overnight rating, the highest-rated final round at the event in six years, and a 136 percent increase over the 2017 tournament (1.5), won by Marc Leishman at Bay Hill. read »

CressCap employs a portfolio tool that generates a report card on the stocks within an ETF or any portfolio. Our strategy is to optimize the holdings of ETFs by ‘cherry picking’ the best and worst stocks in the ETF. As an example, we examined the holdings in the First Trust NASDAQ Cybersecurity ETF. read »